Aldermore Bank has the role of commercial director, asset finance sales, with the commercial director wholesale finance role and create a new position of commercial director, asset finance.

This follows the decision by Patrick Jelly to leave Aldermore. He was commercial director, asset finance sales.

Lee Rhodes, currently commercial director, wholesale finance, will be appointed to this new position from the beginning of July.

Rhodes (pictured) has been with Aldermore for over six years. Prior to joining Aldermore, he held roles with Investec, ING Leasing and Kleinwort Benson.

Tim Boag, group managing director, business finance, at Aldermore, said: “With our emphasis on developing deeper and more strategic intermediary relationships, and with both the broker and wholesale businesses operating in the same markets, it makes sense for us to unite our activities in this area. I would like to congratulate Lee on his appointment and look forward to continuing our asset finance success story.”